Page 252 - Auto
Covid-19 impact: French auto maker Groupe PSA defers launch of C5 Aircross
However, it is maintain the timeline for the C-Cubed programme, under which the first vehicle designed, developed and made in India would be launched in 2021
 "Covid-19 impact: French auto maker Groupe PSA defers launch of C5 Aircross")
Coronavirus supply chain shock for auto component sector, says ICRA
The COVID-19 supply chain disruptions will manifest into a demand shock lasting multiple quarters for the domestic industry, ICRA said in a statement.
 "Coronavirus supply chain shock for auto component sector, says ICRA")
M&M board rejects plan to pump in fresh equity in SsangYong Motor
SYMC's fate hangs in balance as it will need to raise funds from other investors
 "M&M board rejects plan to pump in fresh equity in SsangYong Motor")
Bajaj Auto sales drop 38% in Mar as biz takes hit; domestic sales tank 55%
The company further said its total two-wheeler sales were down 35 per cent at 2,10,976 units as compared to 3,23,538 units in the year-ago month
 "Bajaj Auto sales drop 38% in Mar as biz takes hit; domestic sales tank 55%")
From BMW to M G Motor, auto brands shift gears on the virtual highway
Specific tailored marketing pitches using first party data, smoother payment and financing processes and digital launches are among the ways in which auto majors are keeping their brands in the game.
 "From BMW to M G Motor, auto brands shift gears on the virtual highway")
Commercial vehicle sales declines in March over Covid-19, BS-VI transition
The domestic sales of Commercial Vehicles for Tata Motors declined 90 per cent in the month of March 2020, at 5,336 units compared to 50,917 units in March 2019
 "Commercial vehicle sales declines in March over Covid-19, BS-VI transition")
Maruti Suzuki car sales drop 47% in March; ends FY20 with 16% decline
Export sales were down 55 per cent to 4,712 units from 10,463 in the year-ago period
 "Maruti Suzuki car sales drop 47% in March; ends FY20 with 16% decline")
Auto dealers fear huge losses with BS-IV inventory stuck in Covid-19 jam
They say the 10-day extension given for the sale of these vehicles will serve no purpose as consumer sentiment is not likely to revive after the lockdown is lifted
 "Auto dealers fear huge losses with BS-IV inventory stuck in Covid-19 jam")
Coronavirus lockdown: Auto volumes hit slow gear, could witness 50% decline
While sales of passenger vehicles and two-wheelers were expected to fall 40-50 per cent, sales of commercial vehicles are expected to dip 70-90 per cent.
10-day extension of BS-VI deadline unlikely to do 'any good': Report
vThe deadline was stretched on the plea of the Federation of Automobile Dealers Association (FADA), which had sought a additional time of two months to clear the BS-IV inventory
 "10-day extension of BS-VI deadline unlikely to do 'any good': Report")
Centre asks auto firms to make ventilators; DRDO to make 20,000 masks a day
The ministry informed that over 14,000 existing ventilators are earmarked for COVID-19 patients in various hospitals in the country while there are 1.19 million N-95 masks in stock.
 "Centre asks auto firms to make ventilators; DRDO to make 20,000 masks a day")
Auto sector braces for tough road ahead as lockdown hits business
Two-wheeler space worst hit, given higher BS-IV inventory
Eyeing 10% market share in premium segment: Piaggio India's Diego Graffi
Piaggio India has seen its scooter sales in the 125cc segment growing from 39,779 units in the April 2018 to February 2019 period to 43,355 units in April 2019 to February 2020
 "Eyeing 10% market share in premium segment: Piaggio India's Diego Graffi")
Coronavirus impact: Maruti to M&M, automakers put brakes on production
Maruti Suzuki India (MSI), the country's largest carmaker, said it was suspending production at its facilities in Haryana "till further notice"
 "Coronavirus impact: Maruti to M&M, automakers put brakes on production")
Audi & VW to slam brakes on diesel car production under BS-VI norms
Maruti Suzuki India, Mahindra, Tata Motors, Toyota Kirloskar Motor, and Renault India have already stated they would pull the plug on smaller diesel variants
 "Audi & VW to slam brakes on diesel car production under BS-VI norms")
Volkswagen drives in new SUV T-Roc in India priced at Rs 19.99 lakh
The model comes with 1.5 litre petrol engine mated to a seven-speed DSG gearbox
Bajaj Auto board approves re-appointment of Rajiv Bajaj as MD, CEO
The approval was given in board meeting held on Tuesday
 "Bajaj Auto board approves re-appointment of Rajiv Bajaj as MD, CEO")
VW to shut most European units for 2 to 3 weeks amid coronavirus spread
Volkswagen's powerful works council concluded it was not possible for workers to maintain a safe distance from each other to prevent contagion and recommended a suspension of production
FADA approaches SC for extension of sale, registration of BS-IV vehicles
FADA had filed an application earlier as well which was rejected by the apex court on February 14 this year.
 "FADA approaches SC for extension of sale, registration of BS-IV vehicles")
Hyundai launches new Creta, gets 14,000 bookings, mostly for diesel
The Korean auto major invested around Rs 1,000 crore in the new product, which is made in India for the domestic and global markets
 "Hyundai launches new Creta, gets 14,000 bookings, mostly for diesel")